This property looks like a bad Mid-Term investment with a projected -11.54% first-year return on $128k initial cash invested.
-11.54%
Cash On Cash
4.13%
Cap Rate
0.62
DSCR
$3,652
Rent
-$1,234
Cashflow
Cash Flow
$3,652 income − $4,886 expenses = $1,234 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$128k
Downpayment
20%
$105k
Closing costs
1%
$5,251
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,652
Total Expenses
$4,886
Mortgage P&I
79%
$2,894
Property Taxes
14%
$522
Home Insurance
6%
$228
HOA
0%
$0
Property Management
12%
$438
CapEx
4%
$146
Vacancy
3%
$110
Maintenance
4%
$146
Other
11%
$402